$665,000
133.00 Acres
Land
Mickey Walker, Listing Office: Walker Realty, Inc.
Is 35051, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, 35051 was a Buyer's Market.
Key Takeaway
35051 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 35051, AL
How much do homes in 35051, AL cost?
Median Sold Price
$286,260
$161/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$171,126(-37.4%)
Key Takeaway
Homes in 35051 have sold for 37.4% less than they did a month ago.
Summary: The median home sold price in 35051 was $286,260 in November 2024, down 37.4% from last month, and the median price per square foot was $161.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $365K | $278K | -23.8% |
| 4 Bedrooms | $457.3K | $435K | -4.9% |
| 5+ Bedrooms | $970K | - | N/A |
Summary: 35051 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 23.8%, 4 bedroom homes decreased by 4.9%, and 5+ bedroom homes did not change.
Housing Supply in 35051, AL
How many homes are available in 35051, AL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 26 | 31 | +19.2% |
Summary: The 35051 real estate market had 31 homes for sale in November 2024, a 19.2% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 4 | +100.0% |
| 3 Bedrooms | 13 | 12 | -7.7% |
| 4 Bedrooms | 9 | 13 | +44.4% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 35051 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes increased by 44.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 7 | +133.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 35051, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.
Summary: A total of 7 homes were sold or pending in 35051 in November 2024, up by 133.3% month-over-month. Of the 7 sold homes, 29% were sold under asking, 14% were sold at asking, and 57% were sold over asking.
Days on Market for 35051, AL
How long does it take to sell a home in 35051, AL?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 51 Days | 27 Days | -46.8% |
Summary: Homes in 35051 had an average of 27 days on market in Nov 2024, down by 46.8% compared to last month.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 35051 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 7 homes were sold in 35051; 86% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
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